# AMM Pools

<figure><img src="https://3616471638-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8tjfwh5kqfR9hmQCbfP7%2Fuploads%2FWn4kyJPb52uFvxqqa386%2FArchitecture%209.png?alt=media&#x26;token=97cb92b9-f994-45b4-b492-4aab7986dbd2" alt=""><figcaption><p>AMM Pools and related components digram</p></figcaption></figure>

**The AMM pool** is a smart contract within an existing external exchange liquidity pool, enabling users to exchange [gigaAssets](https://docs.enjoyoors.xyz/system-architecture/gigaassets) for other assets. Each pool is specifically deployed for a [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets) and the corresponding asset to which the [gigaAsset](https://docs.enjoyoors.xyz/system-architecture/gigaassets)'s price is pegged (e.g., gigaETH/ETH). [AMM pools](https://docs.enjoyoors.xyz/system-architecture/public-blockchain-infrastructure/amm-pools) provide liquidity and help maintain the stability of [gigaAssets](https://docs.enjoyoors.xyz/system-architecture/gigaassets), ensuring users have access to efficient trading.

The majority of the pool's liquidity is supplied through the [Intelligent Peg Adapter](https://docs.enjoyoors.xyz/system-architecture/public-blockchain-infrastructure/intelligent-peg-adapters) (IPA) smart contract, which maintains a reserve of minted [gigaAssets](https://docs.enjoyoors.xyz/system-architecture/gigaassets) that can be deposited into the pool when an equivalent amount of the quote token is provided.

The deployment of **AMM pools** across different blockchain networks will be determined by the protocol's [Governance](https://docs.enjoyoors.xyz/system-architecture/enjoyoors-orchestrator-appchain-l3/governance). At the product launch, the first pool will be a Curve Pool for gigaETH, paired with ETH and/or one of its highly liquid representations (LRT or LST). As the protocol evolves and supports more synthetic assets, additional pools will be deployed.